IDFC First Power Credit Card

With IDFC First Power Credit Card, you can make savings worth up to Rs. 5,000 every month.You can save up to Rs. 4,000 on Grocery and utility expenses. 

IDFC Power credit card is a preferred card for riders and frequent travellers. Users can save up to Rs. 7,000 each year. It also has welcome benefits, an attractive reward program, and lower interest rates. It is termed Power since it provides Power-packed savings on mobility and other expenses.

Key Highlights

IDFC First Power Credit Card

IDFC FIrst power.png

Source: IDFC Bank Official Website

Suitability

For riders

Offers

Welcome benefits worth Rs. 1,400

Income Limit

More than Rs. 3 lakhs per annum

Renewal Fee

Rs. 199

Benefits and Features of IDFC First Power Credit Card

The major benefits and features of the card are:

Rewards Program

  • 2.5% reward points on HPCL and LPG fuel
  • 2.5% rewards on Grocery and Utility expenses
  • 2.5% rewards on IDFC First FasTag recharge
  • 2X rewards on retail transactions

Welcome Benefits

  • Rs. 250 cashback on the first HPCL fuel transaction of Rs. 250.
  • Up to Rs. 1,000 cashback on the transaction value of the first EMI conversion
  • Rs. 150 discount on orders on Swiggy
  • Rs. 500 discount on Zoomcar rentals
  • Up to 50% discount on Domestic & International Rental cars

Other Privileges

  • Accident cover worth Rs. 2,00,000
  • Complimentary roadside assistance with Rs. 1,399
  • Friend referrals earn up to 10,000 reward points
  • Interest-free cash withdrawals from ATM Vestibules for up to 48 days

Annual Fee and Charges of IDFC Power Credit Card

Fee

Amount

Annual Charges

Rs. 199

Renewal Charges

Rs. 199

Late Payment Fee Applicable on IDFC POWER Credit Card

The late charges of the card are 15% of the entire amount due. 

Eligibility Criteria to Apply for the IDFC Power Card

You need to meet the below-mentioned criteria to avail of the card:

Income

More than Rs. 3 lakhs per year

Age

Above 21 years of age

Documents Required to Apply

The primary documents needed to apply for the card are:

  • ID Proof: Voter ID, Aadhaar, Passport
  • Income Proof: Salary slips or ITR
  • Address Proof: Aadhaar, Passport, Voter ID, or Utility Bills

How to Apply for IDFC Power Credit Card

Follow the steps provided below to apply for the Power credit card:

Step 1: Visit the official website of the IDFC First Bank and explore its Power Credit Card. 

Step 2: After reading all the terms and conditions, click the Apply Now option on the screen to proceed. 

Step 3: Enter all the relevant details requested on the application form. 

Step 4: Submit the application.

Once your application has been submitted, you will receive an SMS with the reference number of the application. A bank representative will call you after your details have been verified.

Similar Credit Cards

Card Name

Characteristic

SBI BPCL Credit Card

There is a 4.25% value back on fuel purchases through BPCL merchants. 

HDFC Bharat Cashback Credit Card

5% monthly cashback on fuel spending across the country. 

IndianOil HDFC Bank Credit Card

5% of fuel expenses are fuel points at all IndianOil merchants. 

IndianOil Axis Bank Credit Card

There is a 4% value back on fuel spent at IOCL merchants. 

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